How It Works

An effective combination
Full Service Factoring from Fortis Commercial Services is the combination of three factoring service components; flexible receivables financing, protection against bad debts and a first class professional customer and receivables management service.

Fortis Commercial Finance will finance up to 90% of your outstanding receivables in the framework of an agreed credit limit. You receive the remaining 10% as soon as your customer has paid the invoice, no later that 100 days after the due date.   

A simple framework  

100% of the credit risk associated with domestic and foreign receivables is transferred to Fortis Commercial Services within the framework of agreed credit limits. Fortis, in turn, hedges the risks arising from the receivables by taking out credit insurance with Atradius. If one of your customers goes insolvent, Fortis Commercial Services acts within the framework of the agreed credit limit and pays the remaining amount 100 days after due date - you receive the invoice amount in full.

The comprehensive service offered by Fortis Commercial Services extends from creditworthiness assessments of your customers and accounts receivables through to dunning and legal action.

By using this modular approach our offer also allows you to make use of other variations, such as, disclosed or undisclosed Inhouse Factoring, while allowing us the opportunity to tailor our service to meet your specific requirements.